Access Bank To Acquire National Bank Of Kenya

Access Bank To Acquire National Bank Of Kenya

Access Bank is to acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited. in 2019, this is the Nigerian lender’s second acquisition in...
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CBN Clears FX Transactions Backlog

CBN Clears FX Transactions Backlog

The Central Bank of Nigeria (CBN) has cleared all valid foreign exchange backlogs of s$7 billion, fulfilling a key pledge of its Governor, Mr. Olayemi Cardoso. In a statement on Wednesday, the apex bank’s Acting Director, Corporate Communications, Mrs Hakama...
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Oil Palm Has Positioned Edo To Lead Nigeria’s Exports, Says Obaseki

Oil Palm Has Positioned Edo To Lead Nigeria’s Exports, Says Obaseki

The Edo State Governor, Mr. Godwin Obaseki, has said the Federal Government can tackle the current foreign exchange crisis by advancing fiscal policies to encourage manufacturers to boost local production and access necessary credit to boost exports of Nigeria...
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Zenith Bank Appoints Adaora Umeoji As GMD/CEO 

Zenith Bank Appoints Adaora Umeoji As GMD/CEO 

The Board Directors of Zenith Bank Plc has appointed Dr. Adaora Umeoji as the Group Managing Director/ Chief Executive of Zenith Bank Plc.  The Bank in a statement to the Nigerian Exchange explained that the appointment is with effect from June ...
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NDDC To Hand Over Ondo Power Project To TCN

NDDC To Hand Over Ondo Power Project To TCN

The Governing Board of the Niger Delta Development Commission, NDDC has concluded plans to inaugurate the 132/33kv electricity sub-station at Ode-Erinje in Okitipupa Local Government Area of Ondo State.  A statement issued by the Commission explained that...
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NLC Backs NASU, SSANU

NLC Backs NASU, SSANU

The Nigerian Labour Congress (NLC) has declared its support for the ongoing strike by the Non-Academic Staff Union of Educational (NASU) and associated institutions of the Senior Staff Association of Nigerian Universities (SSANU) and has demanded an “immedia...
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NCC: Voice, Data Services Affected By Undersea Cable Cuts Restored

NCC: Voice, Data Services Affected By Undersea Cable Cuts Restored

The management of Nigerian Communications Commission (NCC) has announced that voice, and data services affected by undersea cable cuts have been restored. A statement issued on Monday by the Director of Public Affairs in NCC, Reuben Muoka, said services have.....
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Tinubu: Killers Of Military Personnel Won’t Go Unpunished

Tinubu: Killers Of Military Personnel Won’t Go Unpunished

President Bola Tinubu has condemned the killing of military personnel in Delta State. In a statement on Sunday, Tinubu described the killing as unprovoked and “dreadful”, adding that the perpetrators, whom he described as “cowardly” must not go unpunis...
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Dangote Lauds Lagos Govt On Consumer Rights Advocacy

Dangote Lauds Lagos Govt On Consumer Rights Advocacy

The Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), Hajia Fatima Aliko Dangote has commended the Lagos State Consumer Protection Agency (LASCOPA) on the successful hosting of the 2024 World Consumer Rights Day, noting that ...
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Shell To Deploy New ‘Cutting-Edge’ Vessel 

Shell To Deploy New ‘Cutting-Edge’ Vessel 

Singapore-based shipbuilding player,  PaxOcean Group, has delivered a vessel, scheduled to work off the coast of Brunei for Brunei Shell Petroleum (BSP), a subsidiary of the UK oil major Shell.  The Vessel was delivered to Automac Mult...
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Obi Berates AG’s Office For Hosting Workshop In London

Obi Berates AG’s Office For Hosting Workshop In London

THE Presidential Candidate of the Labour Party in the 2023 general election, Mr. Peter Obi has berated the Office of the Accountant General of the Federation for hosting a Workshop for State Commissioners of Finance in London. Obi said this...
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Nigeria’s Inflation Hits 31.70%

Nigeria’s Inflation Hits 31.70%

The inflation rate has moved to 31.70 per cent in February, according to the latest data by the National Bureau of Statistics (NBS).  The Bureau released the figure on Friday, with the latest data showing a rise from the 29.90...
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FAAN MD Urges Women To Champion Equality

FAAN MD Urges Women To Champion Equality

Women in Logistics and Transport (WILAT) recently marked the International Women’s Day in Lagos. Gathered at the Nigeria Civil Aviation Authority (NCAA) annex within Lagos International Airport, women from the institute commemorated the occasion spo...
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Floating LNG Project: UTM Solicits NCDMB’s Equity Investment, Approvals

Floating LNG Project: UTM Solicits NCDMB’s Equity Investment, Approvals

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-trac...
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